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China identified over US$150 in illicit gambling funds this year

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China’s Ministry of Public Security reported that the end of September 2020, public security organs across the Chinese mainland had dealt with over 8,800 cross-border gambling cases, arrested over 60,000 criminal suspects, cracked down on over 1,700 gambling platforms, busted over 1,400 illegal payment platforms and underground banks, and identified over CNY1 trillion (US$150 billion) in illicit funds.

Ministry of Public Security announces achievements in crackdown on cross-border gambling (Global Times)

China’s police chief stresses resolute efforts against cross-border gambling (Xinhua)

China flags US$150bln in 9mths heading for bets overseas (GGR Asia)

 

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